T. Rowe Price Group (T. Rowe Price Group) Pre-Tax Income

: $2,490 Mil (TTM As of Dec. 2023)

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Pretax income is the income that a company earns before paying income taxes. T. Rowe Price Group's pretax income for the three months ended in Dec. 2023 was $647 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $2,490 Mil. T. Rowe Price Group's pretax margin was 39.40%.

During the past 13 years, T. Rowe Price Group's highest Pretax Margin was 52.24%. The lowest was 30.03%. And the median was 48.99%.

T. Rowe Price Group Pre-Tax Income Historical Data

The historical data trend for T. Rowe Price Group's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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T. Rowe Price Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

2,927.30

3,242.20

3,994.60

1,948.20

2,490.30

T. Rowe Price Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income																388.80	619.60	639.70	584.10	646.90

Competitive Comparison

For the Asset Management subindustry, T. Rowe Price Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

T. Rowe Price Group Pre-Tax Income Distribution

For the Asset Management industry and Financial Services sector, T. Rowe Price Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where T. Rowe Price Group's Pre-Tax Income falls into.

T. Rowe Price Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

T. Rowe Price Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	2038	+	452.3	+	0	+	0	+	0
	=	2,490

T. Rowe Price Group's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	418.7	+	228.2	+	0	+	0	+	0
	=	647

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,490 Mil.

T. Rowe Price Group (NAS:TROW) Pre-Tax Income Explanation

T. Rowe Price Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	646.9	/	1642
	=	39.40%

During the past 13 years, T. Rowe Price Group's highest Pretax Margin was 52.24%. The lowest was 30.03%. And the median was 48.99%.

T. Rowe Price Group Pre-Tax Income Related Terms

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T. Rowe Price Group (T. Rowe Price Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » T. Rowe Price Group Inc (NAS:TROW) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

1TROW:Italy TR1:Germany TR1:Germany TR1:Germany T1RO34:Brazil TROW:Austria

Address

100 East Pratt Street, Baltimore, MD, USA, 21202

Website

https://www.troweprice.com

T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.

Executives

Higginbotham Robert C.t.	officer: Vice President	100 E. PRATT STREET, BALTIMORE MD 21202
Thomson Andrew Justin Mackenzie	officer: Vice President	100 E. PRATT STREET, BALTIMORE MD 21202
William P Donnelly	director	C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Andrew C. Mccormick	officer: Vice President	100 E. PRATT STREET, BALTIMORE MD 21202
Cynthia F Smith	director	100 E. PRATT STREET, BALTIMORE MD 21202
Jessica M Hiebler	officer: Principal Accounting Officer	100 E. PRATT STREET, BALTIMORE MD 21202
William J Stromberg	officer: Vice President	100 E. PRATT STREET, BALTIMORE MD 21202
Kimberly H Johnson	officer: COO and VP	C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Joshua B Nelson	officer: Vice President	100 E. PRATT STREET, BALTIMORE MD 21202
Glenn R August	director, officer: Vice President	C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Eileen P Rominger	director	100 E. PRATT STREET, BALTIMORE MD 21202
Sebastien Page	officer: Vice President	100 E. PRATT STREET, BALTIMORE MD 21202
Jennifer B Dardis	other: CFO and VP	100 E. PRATT STREET, BALTIMORE MD 21202
Mary K Bush	director	3509 WOODBINE STREET, CHEVY CHASE MD 20815
W. Sharps Robert	officer: Vice President	100 E. PRATT STREET, BALTIMORE MD 21202